November 14, 2019

Cayman Islands celebrates 7,000 room stock milestone

The Cayman Islands tourism industry recently achieved a major milestone in the accommodations sector through the significant growth of over 7,000 rooms licensed and available to visitors.  This includes over 1,000 new rooms added within the past three years alone, with the condominiums and villas categories accounting for 73% of this increase. Now standing at […]

Cayman fights misuse of our AML regime

Government, regulators and the Cayman Islands private sector recently came together to better identify the risks of misusing legal persons and arrangements – such as companies, partnerships and trusts – as Cayman strengthens our fight against money laundering, terrorist financing and the financing of weapons of mass destruction. About 150 persons attended the Friday, 8 […]

Statement on Constitutional Reform Agreed by the UK

By Premier Hon. Alden McLaughlin, MBE, JP, MLA 13 November, 2019 Good morning. Mr. Speaker, before concluding my Budget Policy Statement last Wednesday I informed this Honourable House that I had been awaiting a letter from Lord Ahmad of Wimbledon, the Minister of State for the Overseas Territories on the final package of Constitutional modernisation […]

Draft Cayman Islands Constitution (Amendment) order & Lord Ahmad letter

Her Majesty, in exercise of the powers conferred upon Her by sections 5 and 7 of the West Indies Act 1962(1) and of all other powers enabling Her to do so, is pleased, by and with the advice of Her Privy Council, to order, and it is ordered, as follows: Citation, construction and commencement — This […]

Venice floods

Venice floods: Italy to declare state of emergency over damage From BBC Italy is set to declare a state of emergency in Venice after the Italian city was engulfed by 1.87m (6ft) high water levels, flooding its historic basilica and cutting power to homes. More than 80% of the city, a Unesco world heritage site, […]

Double gold for Collas Crill’s International Private Client and Trusts team

Collas Crill Jersey’s International Private Client and Trusts (IPCT) team has achieved a double gold with two of its lawyers receiving the highest ranking in their nominated categories at Citywealth’s future leader awards. Kellyann Ozouf, Partner and head of the Jersey IPCT team was named as ‘Lawyer of the Year – IFC – Partner’ while […]

Software for the new mobility: How do you feel about Google?

The pace of innovation in the digital world is driving car manufacturers to keep up. They are all reacting differently: some are allying themselves with tech groups, while others such as Volkswagen are seeking their salvation in independence.  The new, networked mobility in all its diversity has arrived – and is being happily accepted. E-scooters […]

Securing Economic Integration: The importance of intraregional trade

OECS Media Statement Intraregional trade is a critical component of the OECS integration process. Significant strides have been made over the years to secure the foundation for a thriving common market – resulting in the successful establishment of the Eastern Caribbean Economic Union in January, 2011. This larger market and the free circulation of goods, […]

The Maples Group celebrates 2000 employee milestone

The Maples Group, a leading global service provider offering clients a comprehensive range of legal, fiduciary, fund, regulatory and compliance, and entity formation and management services, marked a very important milestone in its more than 50 year history, having recently welcomed its two thousandth member of staff. Reaching the 2000 employee milestone is a testament […]

Caribbean Ipa’s to make investment opportunities more attractive to foreign investors

Bridgetown, BARBADOS, 14 November 2019. The packaging and promotion of any product or service is critical to attract customers and gain sales.  The same is true for investment opportunities.  The Caribbean Export Development Agency (Caribbean Export), in partnership with the Caribbean Association of Investment Promotion Agencies (CAIPA) and the United Nations Industrial Development Organisation (UNIDO) recently […]